$529,000
For sale: Detached

Fantastic opportunity on a large 50 x 150 ft lot! This spacious detached 2-storey home offers a unique investment opportunity with an established rental setup. The property offers a practical layout, excellent rental income and a substantial lot in a convenient Hamilton location. Whether you're looking to add an income-producing property to your portfolio or explore the possibilities offered by this large lot and well-located property, this is an opportunity worth investigating. Conveniently located close to transit, shopping, restaurants, amenities and major commuter routes. An excellent opportunity for investors seeking an established rental property with future potential.
Sold data
Detached homes in Hamilton (Southam) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 54, across 803 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $749,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 803 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Southam) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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